What happens after death? Where do people go? Can they still see what goes on in real world? No one knows for sure. People have similar doubts about cancellation of FCRA. What would happen? Will the Government chase us out of our office? Will it continue our programs? Will it sell off our assets?
No one knows for sure. However, FCRA provides for government taking over the FC assets and funds of the organisation, as discussed in AccountAble Handbook on FCRA:
...The assets and contribution can no longer be managed by the organisation itself. The ownership and possession will be transferred to the Central Government.The premises may be locked up and assets remain idle. Alternatively, the Government might decide that these should be used for public benefit. In such a case, the foreign contribution can be utilised for public benefit. This will be done by the prescribed authority. The Government can also sell
off some of the assets, if required for managing the activities.....
The above view is supported by a cancellation order issued by FCRA department in Mar'15. This contains a list of 1142 NGOs whose FCRA was cancelled. The order gives direction to the concerned District Magistrates to 'manage the assets of the organisation' in such manner 'as considered necessary' and 'in public interest'.
Quite a task for the District Magistrates to locate the NGOs first, and then to start 'managing' their assets. Even Hercules would have shuddered at the thought!
Ref:
1. AccountAid Handbook on FCRA 2010: p. 93
2. MHA Order for cancellation http://mha1.nic.in/pdfs/FCRACancellationOrder_180315.pdf
No one knows for sure. However, FCRA provides for government taking over the FC assets and funds of the organisation, as discussed in AccountAble Handbook on FCRA:
...The assets and contribution can no longer be managed by the organisation itself. The ownership and possession will be transferred to the Central Government.The premises may be locked up and assets remain idle. Alternatively, the Government might decide that these should be used for public benefit. In such a case, the foreign contribution can be utilised for public benefit. This will be done by the prescribed authority. The Government can also sell
off some of the assets, if required for managing the activities.....
The above view is supported by a cancellation order issued by FCRA department in Mar'15. This contains a list of 1142 NGOs whose FCRA was cancelled. The order gives direction to the concerned District Magistrates to 'manage the assets of the organisation' in such manner 'as considered necessary' and 'in public interest'.
Quite a task for the District Magistrates to locate the NGOs first, and then to start 'managing' their assets. Even Hercules would have shuddered at the thought!
Ref:
1. AccountAid Handbook on FCRA 2010: p. 93
2. MHA Order for cancellation http://mha1.nic.in/pdfs/FCRACancellationOrder_180315.pdf
